All Forum Posts by: Chealsi Stocco
Chealsi Stocco has started 2 posts and replied 9 times.
Post: Buying internationally (Turks and Caicos)
- Posts 9
- Votes 11
I am considering buying a property internationally, specifically in Turks and Caicos. The community of villas is to begin construction after the first of the new year. Has anyone had experience with building or buying in the Providenciales area? If so, I would greatly appreciate any input. This would be my first purchase of real estate outside of the US. Thank you.
Post: Recommendations in any state to consider buying investment property
- Posts 9
- Votes 11
Great, thank you for the insight!
Post: Recommendations in any state to consider buying investment property
- Posts 9
- Votes 11
Quote from @Leslie Pappas:
Quote from @Chealsi Stocco:
I am just starting real estate investing. What are some states (and specific areas in those states) that are worthwhile to research and consider purchasing properties? What are some resources that you like to use to determine what areas to research and consider?
Hi Chealsi, welcome to BP! There plenty of other opportunities elsewhere, my clients are involved in institutional grade properties across the country. My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth. It can also be safer to diversify your investment properties across the country. There is still good money to be made in AZ, FL, GA, TX and other states, however, picking the right submarkets is key.
A very good source of local analysis is rereport.com
Thank you, Leslie! I appreciate the information that you have provided!
Post: Recommendations in any state to consider buying investment property
- Posts 9
- Votes 11
Hi Simon,
Thank you for your input. What are some websites that would be beneficial to look at to evaluate properties in the Columbus area other than Zillow? Where are some areas that you have invested in?
Post: Recommendations in any state to consider buying investment property
- Posts 9
- Votes 11
Also, what areas in Columbus do you recommend that would be best to consider properties?
Post: Recommendations in any state to consider buying investment property
- Posts 9
- Votes 11
Samuel,
Thank you for the insight. Columbus does seem to be a great place to invest. What websites do you like to look on for investment properties?
Post: Recommendations in any state to consider buying investment property
- Posts 9
- Votes 11
Quote from @Min Zhang:
Hi Chealsi! Welcome to BiggerPockets! You're in the right place to learn about real estate investing.
I like starting in the Midwest because it's affordable and offers good cash flow. Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere. I focus on Columbus, Ohio, which has seen significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations, driving up property prices and job opportunities. I also invest in Cleveland and Dayton. Let me know if you need assistance!
Min,
Thank you for your feedback, I appreciate your input! I will be looking into the areas that you have recommended.
Post: Recommendations in any state to consider buying investment property
- Posts 9
- Votes 11
Quote from @Bradley Buxton:
Quote from @Chealsi Stocco:
I am just starting real estate investing. What are some states (and specific areas in those states) that are worthwhile to research and consider purchasing properties? What are some resources that you like to use to determine what areas to research and consider?
Bradley,
Thank you for your response!
Post: Recommendations in any state to consider buying investment property
- Posts 9
- Votes 11
I am just starting real estate investing. What are some states (and specific areas in those states) that are worthwhile to research and consider purchasing properties? What are some resources that you like to use to determine what areas to research and consider?